27 Topeka Avenue San Jose, CA
Value Add Opportunity In A Thriving Multifamily Rental Market.
Marketing description
27 Topeka Avenue presents a rare opportunity to acquire a 7-unit multifamily asset in San Jose with substantial rental upside.
The property is currently underutilized, with only two units occupied, offering investors the ability to immediately implement a lease-up strategy and capture market rents.
Located in a well-established San Jose neighborhood near major retail Santana Row, employment centers, universities, and transportation corridors, the property benefits from strong rental demand and long-term growth fundamentals.
This is a true value-add opportunity with clear pathways to increase income through leasing vacant units and repositioning the asset. The property is ideally suited for investors seeking to:
-Lease up vacant units at market rents
-Improve operational efficiency
-Capture long-term appreciation in a strong rental market
Investment highlights
7-unit apartment building
5 units currently vacant (rare lease-up opportunity)
Significant rental upside (below-market in-place rents)
Strong demand for 1-bedroom units in San Jose
4 Individual garages
Simple, efficient unit layout
Ideal for value-add and repositioning strategies
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